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CFPB announces advisory committee members

CFPB Monitor

Eric Kaplan, Director of the Housing Finance Program, Milken Institute (Washington, DC), was appointed to serve as CAB Chairperson. Nadine Cohen, Managing Attorney, Greater Boston Legal Services (Boston, MA). Jean Setzfand, Senior Vice President, AARP (Washington, DC). Tim Lampkin, CEO, Higher Purpose Co. Clarksdale, MS).

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FICO World Panel: The Long and the Short of It

FICO

“Success comes from a thoughtful combination of long term strategy and short term delivery,” said Ivan Cavinato, head of credit risk management at Unicredit. Tim Nargassans, Core Boarding Lead at Vantiv, discussed the importance of creating decision management solutions that embrace agile concepts.

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Decision Fundamentals: Capturing Subject Matter Expertise

FICO

Last month at FICO World 2016 in Washington, DC, I had the pleasure of delivering a keynote address. Over the next few weeks I’ll blog about each of these principles, starting here with the most basic tenet of decision management: capturing subject matter expertise. Capturing Subject Matter Expertise. MedScheme DRAWs down complexity.

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Guest Post: Third Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

In another easing action dubbed “Operation Twist,” the Fed stated that they will sell $400 billion of their shorter securities (less than 3 year maturities) and buy the same amount of longer securities (6 to 30 year maturities) by June, 2012. This will act like a tax cut at just the time when it seems Washington DC will not provide one.

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Dodd/Frank-CFPB: Small Business Lending Data Collection Rule

Abrigo

The data is intended to help the CFPB enforce fair lending laws and could also be used by the government and small business lenders to identify the needs of businesses, said Michelle Lucci, Abrigo Regulatory Compliance Manager. This will be a shock on the lending side,” he said. I don’t think that’s going to be the case anymore.” “I

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AI Will Put 10 Million Jobs At High Risk — More Than Were Eliminated By The Great Recession

CB Insights

In financial markets, global risk and asset management firm BlackRock laid off around 40 employees earlier this year, including portfolio managers and stock managers. Early-stage food-preparation startups using robotics and AI are proliferating, and operating in both B2B and B2C models. in funding.